David Akers (1975/88): The 1848 is another rare and underrated date although it is neither as rare nor as underrated as the 1845 and 1846. Most known specimens are only VF or EF and strictly uncirculated examples are extremely rare. Specimens that grade full AU are also seldom available. As a date, the 1848 is far more rare than the 1847, 1847-O and 1849 and is comparable in overall rarity to the 1842-O and 1844-O.